Prominent Australian businessman Grant King AM is the new Chair of Sydney Water Corporation, replacing Bruce Morgan who will step down on 30 September.
Minister for Water, Property and Housing, Melinda Pavey said King, who was appointed as a non-executive director of Sydney Water on 9 June this year, will take the reins from 1 October.
“Grant is a highly-experienced director and chair and brings broad knowledge and experience from the utilities industry – most recently as the long-serving managing director and chief executive of Origin Energy and as the former President of the Business Council of Australia.
“He is recognised for his thought leadership on global environmental challenges including climate change, circular economy and future energy markets, which are key to the creation of thriving, liveable cities,” she said.
King said he was delighted to take on the new role at such a pivotal time for Greater Sydney and paid tribute to the leadership of his predecessor.
“Bruce has made a significant contribution to Sydney Water over the past decade and in that time helped to successfully steer the business and indeed Greater Sydney, through successive droughts, floods and more recently COVID-19,” King said.
“Sydney Water has a key role to play in the future development of Greater Sydney, particularly in terms of resilience and liveability. I’m delighted to carry on Bruce’s legacy and look forward to working with the board and the highly committed people of Sydney Water to create a better life for the citizens of Greater Sydney,” he said.
King is also the Chairman of the Climate Change Authority, HSBC Bank of Australia, CWP Renewables, GreenCollar, Areventa and Melanoma Institute of Australia, a non-executive Director of the Origin Foundation, Great Barrier Foundation, O’Connell Street Associates and a member of the University of NSW Foundation.
He holds a position as Professor of Energy Economics and is Chairman of the Energy Institute at the University of NSW.